The Best Mortgage Lenders in Hillsville, PA
Compare verified mortgage lenders serving Hillsville, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hillsville
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Pennsylvania, known for its competitive rates, innovative online platform, and exceptional customer service. With over two decades of experience, they offer a wide range of loan products and have consistently high ratings for their efficiency and transparency. Their local Pittsburgh office ensures personalized service for Hillsville residents, backed by thousands of positive reviews highlighting smooth processes and responsive support.
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New American Funding
New American Funding, LLC
New American Funding is a highly reputable mortgage lender with a significant regional footprint in Pennsylvania, praised for its dedication to diverse communities and customer satisfaction. They provide tailored loan solutions and have a track record of closing loans quickly, often in under 30 days. With numerous awards for excellence and a focus on educational resources for borrowers, they are a trusted choice for Hillsville homebuyers seeking reliable and inclusive lending services.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a well-regarded lender known for its fast closings and strong community involvement, with a reliable presence in western Pennsylvania serving the Hillsville area. They emphasize a personal touch and have built a reputation for transparency and competitive pricing. Their commitment to local partnerships and customer-centric approach has earned them high marks from borrowers, making them a solid option for those seeking efficient and supportive mortgage services.
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Frequently Asked Questions
Common questions about mortgage lending in Hillsville, PA
What are the typical down payment requirements for homes in Hillsville, PA, given its more rural setting?
While standard down payments of 3-5% for conventional loans are available, many homes in the Hillsville area are priced accessibly, making 20% down more attainable to avoid PMI. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this designated rural area, a key advantage for the location.
Are there any local or county-specific first-time homebuyer programs available in Hillsville, PA?
Yes, homebuyers should explore the Lawrence County HOME Consortium Program, which serves Hillsville. This program can provide down payment and closing cost assistance in the form of a deferred, forgivable loan. Eligibility is based on income and the purchase price of the home, making it a valuable resource for qualifying first-time buyers in the county.
How do property taxes in Lawrence County impact the mortgage process and monthly payments in Hillsville?
Lawrence County has relatively moderate property tax rates compared to broader Pennsylvania averages. When calculating your debt-to-income ratio and monthly escrow payment, lenders will use the county's current millage rate (combined county, municipal, and school taxes). It's wise to get an accurate tax estimate from the local assessor's office, as taxes can vary between specific townships.
What should I know about getting a mortgage for a home with well water or a septic system in Hillsville?
This is very common in Hillsville. Lenders will require water quality and flow tests for wells and a septic system inspection to ensure functionality. These are standard contingencies in the purchase agreement and must be completed satisfactorily for loan approval. Using a local lender familiar with these requirements can streamline the process.
How does the appraisal process work for unique or older properties in Hillsville's housing market?
Hillsville has a mix of historic homes and newer constructions. For unique or older properties, it's crucial that your lender uses an appraiser with specific experience in the Lawrence County market and with comparable rural properties. They will need to find appropriate "comps," which may come from a slightly wider geographic area due to lower sales volume, to accurately determine the home's value.
Nearby Cities
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Why Choose a Mortgage Lender in Hillsville?
Local Market Knowledge
Lenders who understand Hillsville's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Pennsylvania.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Hillsville and get competitive rates on your home loan.